Signing an agreement for the assignment of claims

The Management Board of Fast Finance S.A. wishes to inform that today the Board obtained a signed contract for the purchase of a debt portfolio whose total nominal value amounts to PLN 48 230 895. The contract was awarded to the Company in a tender announced by a leading retail bank. The terms of the Company’s offer did not differ from the established market standards in this scope. The above debt purchase contract will have a significant and positive impact on Fast Finance S.A. results in 2009 and the following years. In 2009 Fast Finance S.A. purchased debt portfolios with a total value of PLN 70 568 895, which accounts for about 93% of the total value of purchased portfolios in the entire year 2008. This result brings the Company significantly closer to the set target for 2009 to purchase debts worth PLN 200.000.000 and accounts for 35.28% of the target. This is compliant with the adopted strategy of the Company’s operation and development.

Signing an agreement for the assignment of claims
© Fast Finance S.A.
Projekt i realizacja: BlackD